Good morning campers!

What do you call Johnny Cash’s millennial grandson?

Johnny Bitcoin! 🤣🤣

When you’ve stopped laughing, we’ll dive in.

• 🤑 Accidental Crypto Millionaire

• 📗 Metaverse's New Rulebook

• 🏆 Gold's Digital Avatar

🥚 Crypto Easter Egg: Coinbase Exec Uncovers Lost $322K Treasure

In a scenario reminiscent of an unexpected lottery win, Conor Grogan, head of product at Coinbase, discovered and returned lost Ethereum Classic (ETC) coins worth $322,873 to an oblivious owner. 

Tracing back to the 2016 Ethereum hard fork, Grogan hypothesized that many ETH holders may have received a 1:1 ETC airdrop without realizing it. 

After scrutinizing the "ETC rich list," Grogan identified inactive accounts with considerable ETC balances. 

The successful quest involved a Sherlock Holmes-like trail of clues, including a connection to a 2018 EOS airdrop. 🕵️

Uncovering the recipient's legal name, Grogan returned the "buried treasure." 

A white knight in a sea of Kingslayers!

The lucky owner, unaware of their newfound fortune, acknowledged their obliviousness to the existence of the lost crypto. 🤪

The tale serves as a reminder to all crypto owners to keep track of potential windfalls.

…and now we are all scrambling to check long-ago-opened wallets!!

 Why Should You Use Kraken Exchange?

Kraken is a popular cryptocurrency exchange that offers a wide range of features and services. Some of the reasons why people choose to use Kraken include:

• Strong Security

• High Liquidity

• Competitive Fees

• Excellent Customer Support

• Great Educational Resources

You can easily buy crypto with credit and debit cards along with bank/wire transfers.  You can either sign up on the Kraken website or download their iOS or Android mobile app.

🇪🇺 EU Draft Paper Unveils Metaverse Strategy

A recently leaked European Commission strategy paper has proposed a new global governance system to ensure the metaverse remains open, secure, and respects EU values. 

According to the draft, virtual worlds offer vast opportunities across numerous sectors, from healthcare to education. 

However, their growth requires a reinvention of regulations, necessitating international engagement on critical issues like technological standards, identity management, and censorship. 

Now that’s a step in the right direction! 🚶‍♀️

As a part of this proposed plan, the commission will support a multi-stakeholder process to handle aspects of virtual worlds and Web4 beyond the purview of existing Internet governance. 

Furthermore, the paper suggests relaxing regulations and creating regulatory sandboxes for testing new projects, thus facilitating innovation. 🛏️

It also calls for exploring decentralized autonomous organizations' potential and identifying legal and economic barriers hindering their adoption.

Europe is getting closer to full adoption, that’s for sure!

🏆 BlackRock CEO Likens Bitcoin to 'Digital Gold’

Larry Fink, the CEO of BlackRock, discussed his perspective on Bitcoin in a recent interview, viewing it as a "digitizing gold." 

He highlighted BlackRock's intentions to cooperate closely with regulators, expressing the company's willingness to address their concerns regarding the recent application for a spot Bitcoin ETF. 

The CEO underlined the importance of democratizing crypto and reducing costs for investors. 

He further expressed his hope that regulators will view the ETF filings as a step towards this democratization. 

Well…he would do, wouldn’t he? 🙄

Although Fink personally does not own any Bitcoin, he emphasized that the cryptocurrency's international nature could make it an alternative asset. 

BlackRock's initial filing for the Bitcoin ETF was on June 15, and Bitcoin has experienced a 19% surge over the past month.

At the risk of jinxing it, the cryptosphere seems a bit more positive recently! 🤞

DailyCoin Daily Meme

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